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The Best Universities for Business & Management in Germany (2023)

Written by Vincent Hedman

Why Study Business & Management in Germany

There are many reasons why someone might want to study Business & Management at a university in Germany . Here are just a few:

  • German universities are recognised worldwide for their high academic standards. Studying Business and Management in Germany means gaining a profound knowledge base, improving skill sets and applying them on complex business issues.
  • Germany is known for its affordable education especially in masters programmes including Business and Management. A majority of universities in Germany are state-funded; hence, they offer low-cost or sometimes even free education to both local and international students.
  • German universities provide students with modern technology and resources. The curriculum for Business and Management studies includes a mix of classroom theory, practical case studies and internships, which creates a dynamic learning environment.
  • After completing a master's degree in Business and Management from Germany, there are plenty of career opportunities both in Germany and worldwide. Graduates are sought after in various sectors like finance, marketing, consulting and international business.

The Best Universities in Germany for Business & Management

The following tables gives the 10 best German universities for Business & Management, according to global and local university rankings. It can show you which German universities are amongst the best in the world and help you compare institutions on an international level.

This information is based on the latest rankings tables, researched and published by Times Higher Education, QS and Academic Ranking of World Universities (ARWU).

Each ranking system uses its own methodology, with different factors having more or less influence on a university's result.

Read our guide on how to use international rankings as a postgraduate for more information.


Top 10 German Universities for Business & Management (Times Higher Education)
University Germany Rank Global Rank
Technical University of Munich 1 33
University of Mannheim 2 41
Ludwig Maximilian University of Munich 3 =47
University of Bonn 4 71
University of Bayreuth 5 126-150
University of Erlangen-Nuremberg 6 126-150
Free University of Berlin 7 151-175
Leuphana University of Lüneburg 8 176-200
University of Cologne 9 201-250
University of Hamburg 10 201-250
This information is based on the latest rankings tables, researched and published by Times Higher Education. Visit their website for more information.

What should I know about the Times Higher Education rankings?

The Times Higher Education rankings are strong in academic focus and diverse teaching metrics, but do not include employer-specific metrics. Additionally, the rankings may not include all specialist institutions.


Top 10 German Universities for Business & Management (QS)
University Germany Rank Global Rank
University of Mannheim 1 75
Technical University of Munich 2 76
WHU - Otto Beisheim School of Management 3 128
Ludwig Maximilian University of Munich 4 151-200
Free University of Berlin 5 201-250
Goethe-University Frankfurt am Main 6 201-250
Humboldt University of Berlin 7 201-250
RWTH Aachen University 8 201-250
University of Cologne 9 251-300
University of Münster 10 351-400
This information is based on the latest rankings tables, researched and published by QS World University Rankings. Visit their website for more information.

What should I know about the QS rankings?

The QS World University Rankings are designed to meet the needs of prospective students, with more weight given to student-centric metrics such as staff/student ratio, international recruitment and employer opinion. The rankings are balanced between qualitative and quantitative data, but give less weight to research than some other rankings.


Top 10 German Universities for Business & Management (ARWU)
University Germany Rank Global Rank
University of Cologne 1 101-150
University of Mannheim 2 101-150
University of Hamburg 3 151-200
University of Munster 4 151-200
European University Viadrina 5 201-300
Free University of Berlin 6 201-300
Goethe-University Frankfurt am Main 7 201-300
RWTH Aachen University 8 201-300
Technical University of Munich 9 201-300
University of Erlangen-Nuremberg 10 201-300
This information is based on the latest rankings tables, researched and published by Academic Ranking of World Universities. Visit their website for more information and a comprehensive list of engineering subject rankings.

What should I know about the ARWU rankings?

The ARWU rankings reflect the presence of elite academics and the future academic success of graduates. However, they do not directly assess the quality of education at a university or take into account other aspects of university performance.

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Last updated: 21 August 2023